IconDeveloper 1.2 has been released.  IconDeveloper is a program designed to make it easy for users and artists to create their own Windows XP icons.  Once installed, it can take nearly any image and convert it into an icon very quickly. It automatically generates all the common icon sizes and supports various advanced scaling algorithms to make sure that your icons look good at different resolutions.  IconDeveloper can also export icons as most common graphics formats.

New in IconDeveloper 1.2:

• Ability to export icons into multiple graphics formats (PNG, GIF, JPG, BMP, etc.) at once.
• Can export ICLs as individual icons (very handy for ObjectDock users for instance)
• Ability to work with GIF files
• Support for IconPackager 3 files
• Numerous usability features

Screenshots:

IconDeveloper is available in both a freeware version and an enhanced version.  The enhanced version supports changing the color of icons, batch operations (converting entire folders of images into icons, changing the hue of a folder full of icons at once, etc.) and support for very large icons (128x128 and higher).   The enhanced IconDeveloper comes with Object Desktop (Stardock's suite of desktop enhancement programs) or stand-alone.